502, Al Thamam 15
Sold prices and rental history: sold 4 times, last in July 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Al Thamam 15
What is 502 worth today?
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Source: Dubai Land Department. Updated 1 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 5th of 5
- Parking
- G-67
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,500 /yr
- Last sold
- AED 450K · July 2022
- Building
- Al Thamam 15
About 502, Al Thamam 15
502 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Thamam 15, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 28 July 2022 for AED 450,000, or AED 579 per sqft.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 44,000 a year: a gross yield of 9.8% on the 2022 price, before the service charge of about AED 12,500 a year.
Sales and rents for 502 over time
502 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Thamam 15, and where 502 sits
All 22 1-beds →502's AED 44,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Apr 202528 April 2025 | 689 sqft | 600,000 | 870 | ||
| 26 Feb 202526 February 2025 | 689 sqft | 532,000 | 772 | ||
| 8 May 20238 May 2023 | 665 sqft | 393,000 | 590 | ||
| 2 Jun 20202 June 2020 | 665 sqft | 330,000 | 496 |
Al Thamam 15
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.
- Typical price per sqft
- AED 949
- Typical sale
- AED 955K
- Typical rent
- AED 64K /yr
- Typical yield
- 7.9%
Other units on the 5th floor
All 48 units in Al Thamam 15| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 600KAED 600,000 · Apr 2025April 2025 | 96,000 /yr | |
| 503 | 1-bed | 777 sqft | AED 720KAED 720,000 · Apr 2015April 2015 | 53,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 510KAED 510,000 · Dec 2015December 2015 | 90,000 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 980KAED 980,000 · Apr 2015April 2015 | 80,000 /yr | |
| 506 | 1-bed | 777 sqft | AED 870KAED 870,000 · Jun 2014June 2014 | 58,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 870KAED 870,000 · Jun 2014June 2014 | 58,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 309KAED 308,500 · Nov 2016November 2016 | 58,000 /yr | |
| 509 | Studio | 468 sqft | AED 440KAED 440,000 · Apr 2015April 2015 | 31,500 /yr |
502, Al Thamam 15 in numbers
- Sold 4 times: first on 21 April 2009 for AED 675,967, last on 28 July 2022 for AED 450,000 (AED 579 per sqft).
- Rented since September 2015 on 6 Ejari contracts. The rent fell from AED 78,000 to AED 38,000 in 2023 and recovered to AED 44,000 by February 2024.
- At AED 44,000 a year the gross yield on the 2022 price is 9.8%, before a service charge of about AED 12,500 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 1 February 2024.
Questions about 502, Al Thamam 15
What did unit 502 last sell for?
AED 450,000 on 28 July 2022: AED 579 per sqft for 777 sqft. The unit has 4 registered sales; the first was AED 675,967 in April 2009.
What is the rent for unit 502?
AED 44,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 38,000; the unit has been rented since September 2015.
How big is unit 502?
777 sqft (72.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 502, Al Thamam 15
Starts from the last sale price (AED 450K, 28 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →